Michael Seibel is synonymous with Y Combinator’s growth over the past decade.
He has opinions on bigger batch sizes, a growing standard deal, competition, the power of venture capital and why startup founders should be prioritizing more than just a check after Demo Day.
Seibel spoke to TechCrunch’s Equity podcast, co-hosted by Natasha Mascarenhas and Alex Wilhelm, about Y Combinator amid market change.
He sees the institution, which has backed thousands of entrepreneurs — some of which went on to build billion-dollar companies — as a software play at heart. His perspective matters, as one of the longest-tenured denizens at Y Combinator, he helps power its selection process and priority ranking.
The entire conversation is live now wherever you find podcasts, so take a listen. Below we extracted four key excerpts from the interview to analyze further. The questions and answers were edited lightly for clarity.
The future of the standard deal
YC’s Michael Seibel clarifies some misconceptions about the accelerator by Natasha Mascarenhas originally published on TechCrunch